Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Jim Cramer Explains Why Taiwan Semiconductors Is Real Money's Stock of the Day

Video Credit: The Street - Duration: 01:36s - Published < > Embed
Jim Cramer Explains Why Taiwan Semiconductors Is Real Money's Stock of the Day

Jim Cramer Explains Why Taiwan Semiconductors Is Real Money's Stock of the Day

Taiwan Semiconductor Mfg.

Co.

Ltd., the world's biggest contract chipmaker and a lead supplier for Apple Inc.

IPhones, posted tepid fourth quarter earnings Thursday but cautioned that near-term sales would slide the most in 10 years as global smartphone markets continue to slow.

Reported TheStreet's Martin Baccardax.

"Moving into first quarter 2019, we anticipate our business will be dampened by the overall weakening of the macroeconomic outlook, mobile product seasonality, and high levels of inventory in the semiconductor supply chain," said CFO Lora Ho, with chairman Mark Liu telling reporters that drop in high-end smartphone demand "came a little bit sudden", adding that the inventory in the supply chain is quite a lot." Real Money's Kevin Curran will be reporting on the company throughout the day.

Here are some other articles from Real Money: Taiwan Semiconductor Slides as Smartphone Slowdown Spreads Pain to Semis Taiwan Semiconductor Was Down a Lot Even Before Bearish Guidance: What's Next?

Join Jim Cramer on Thursday at 11:30 a.m.

ET when he unveils his "10 Lessons for a Bear Market." Jim will release his tips during a live monthly video conference call with his Actions Alerts PLUS club for investors.

The call is normally for members only, but Jim is opening it to the public this month for the first time ever.

Register now and join in!

0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related videos from verified sources

ICYMI: Amazon's Big News Week, Facebook and the FTC, Retail Earnings, Pepsi [Video]ICYMI: Amazon's Big News Week, Facebook and the FTC, Retail Earnings, Pepsi

Amazon.com Inc. was all over the news this week. Amazon Amazon is investing $700 million into electric pick up truck startup Rivian, which was announced Friday morning. This highlights the rising..

Credit: The Street     Duration: 03:00Published

Jim Cramer on Canopy Growth, Nvidia, PepsiCo and Amazon In 2 Minutes [Video]Jim Cramer on Canopy Growth, Nvidia, PepsiCo and Amazon In 2 Minutes

Friday is finally here. In honor of the three day weekend, Jim Cramer weighed in on the headlines, which include Canopy Growth , Nvidia , PepsiCo, and Amazon in under two minutes. PepsiCo's Quarter ..

Credit: The Street     Duration: 02:03Published

These are Jim Cramer's 5 Stocks to Love on Valentine's Day [Video]These are Jim Cramer's 5 Stocks to Love on Valentine's Day

Even stocks need some love Jim Cramer listed the five stocks to love on Valentine's day. Care to take a guess? "FAANG," Cramer responded when asked about his stock picks. FAANG is comprised of Facebook..

Credit: The Street     Duration: 02:26Published

Jim Cramer's Got His Eye on Nvidia's Earnings [Video]Jim Cramer's Got His Eye on Nvidia's Earnings

Nvidia is Real Money's Stock of the Day as all eyes turn towards the earnings report that will be released after the bell. In late January, Nvidia warned investors that quarterly revenue would fall..

Credit: The Street     Duration: 00:51Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest